Poonawalla Fincorp Limited — Credit Ratings, 12-12-2025: Credit Rating

CRISIL Ratings assigned 'Crisil AAA/Stable' to Poonawalla Fincorp's new Rs 10,000 Cr Non-Convertible Debentures. It also reaffirmed 'Crisil AAA/Stable' for long-term bank facilities, now enhanced to Rs 15,285 Cr, and existing NCDs/subordinated debt. Short-term ratings like Commercial Paper remain 'Crisil A1+'. The stable outlook is driven by strong parent support from the Cyrus Poonawalla group, healthy Rs 9,822 Cr capitalization, and robust liquidity.